Single Family
United States
1 / 7

16647 Rossini Dr, Detroit, MI 48205

28
16647 Rossini Dr, Detroit, United States

A 1942 single-family residence in Detroit's Regent Park neighborhood, offering 906 sqft of living space on a 4,878 sqft lot with 3 bedrooms and 2 bathrooms. The well-maintained home sits near Manhattan Fish and Chicken, Harper Woods High School, and the Harper Woods Recreation Department, with a $5,000 renovation budget allocated for minor updates.

Property Overview

Bedrooms

3

Bathrooms

2

Size

906 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,558
$558 (55.80%)
Investment Summary
Asset Price$91,884.30
Token Price$50.21
Annual Yield9.27%
Monthly Rental$710.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $91,884.30 in total. The property itself is $72,000.00, so 27.6% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price78.4%$72,000.00
  • Reserves and improvements7.9%$7,300.00
  • Other13.7%$12,584.30

Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.

Token Information

Total Tokens

1,830

Token Price

$50.21

Tokens Available

0

Minimum Investment

N/A

Token Holders

N/A

Platform Fee

N/A

Management Fee

N/A

Leverage

Not stated

Blockchain Network

Gnosis Chain

Token Symbol

REALTOKEN-S-16647-ROSSINI-DR-DETROIT-MI

Contract Address

0x855d7af8c1cd0b335a3775e50b276935c30b1c75

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

2

Size

906 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$91,884.30

Token Price$50.21
Annual Yield9.27%
Tokens AvailableN/A